
Toncoin (TON) is the native coin of The Open Network, a general-purpose blockchain designed for decentralized apps and tokens. It functions as the core currency of the network — developers use it to launch onchain products, and users rely on it to interact with everything built on top. Rather than serving a single application, Toncoin is tied to the entire blockchain platform. That distinction matters: holding TON means gaining exposure to the full breadth of activity across The Open Network, not just one standalone project. The more apps, tokens, and users the network attracts, the more central TON becomes within its ecosystem. The flip side is straightforward. Toncoin's value hinges on whether The Open Network can sustain meaningful developer traction and real usage over time. If app growth stalls or users migrate to competing chains, demand for TON can soften. For anyone conducting a Toncoin analysis, the essential question remains whether this blockchain is generating enough genuine activity to support the network value built around it.
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Toncoin is the main coin powering The Open Network, a blockchain where developers build apps and tokens. Its long-term strength depends heavily on whether that network continues attracting real users and meaningful projects.
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from November 13, 2026
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Rating
Confidence
Gram (prev. Toncoin), or GRAM, trades at $1.14 after falling 8.0% in 24 hours; it remains up 4.6% over seven days but is down 16.2% over 30 days. The most striking factor is the Fear & Greed Index at 20, labeled Extreme Fear, after falling from 25 over seven days, which signals deep and worsening caution across the crypto market. Rising interest rates, inflation and the US Dollar Index add pressure to risk-sensitive assets such as GRAM. The development history is substantial, with 1,079 merged code changes, but only 3 commits were recorded over the past four weeks, indicating quiet recent activity. For investors, the short weekly rebound does not outweigh the weak monthly trend, hostile market mood and restrictive economic backdrop, leaving the overall picture strained.
No current news available at this time. No verified headline can therefore be tied to GRAM's latest price movement. The clearest surrounding influences are the Fear & Greed reading of 20, rising rates, higher inflation and a strengthening US dollar. The combination of a 4.6% weekly gain and an 8.0% daily decline points to volatility within a broader risk-averse environment rather than a clearly identified event-driven move.
GRAM has fallen 16.2% over 30 days, showing that the broader recent trend remains weak despite a 4.6% recovery over the past seven days. The latest 8.0% decline in 24 hours suggests that the weekly rebound has already encountered renewed pressure, while Extreme Fear across the market provides a plausible backdrop rather than proof of a single cause. Trading volume is about $135.3 million, showing lively trading activity; the number or breadth of participants behind it cannot be inferred from volume alone. At $1.14, the price also remains far below its June 2024 all-time high of $8.25, highlighting the scale of the longer-term decline.
The Fear & Greed Index is at 20, labeled Extreme Fear, down from 25 seven days earlier; this signals intense and worsening caution across the crypto market. The Federal Funds Rate has risen from 3.75% to 3.88%, while annual inflation has increased from 4.02% to 4.08%, creating a restrictive backdrop for risk-sensitive assets. The US Dollar Index has also risen from 121.51 to 121.88, showing a stronger dollar environment. The tracked top stablecoins total $254.3 billion, down 1.8% over seven days and 5.0% over 30 days; this is a limited liquidity snapshot and does not establish a price direction for GRAM. On regulation, GRAM is categorized under "Alleged SEC Securities," but no current regulatory development is identified that explains the latest move.
The current data picture is predominantly strained. A 4.6% weekly rise and established development history are outweighed by Extreme Fear at 20, a 16.2% monthly decline, adverse macroeconomic conditions and limited recent code activity.
No verified news event explains the latest move, so the clearest influences are broad market fear, rising interest rates, higher inflation and a stronger US dollar. The 8.0% daily decline following a 4.6% weekly rise shows that the recent recovery remains unstable.
The main strengths are its approximately $3.3 billion market capitalization, rank 29 and substantial historical GitHub record. The leading risks are Extreme Fear, weak 30-day momentum, restrictive economic conditions, only 3 recent commits and limited visibility into smart-contract security.
Market sentiment as a contrarian reality check for this analysis.
Historically extreme bearish sentiment
The market is deeply nervous. Looking back, these phases for BTC often coincided with local bottoms as long as fundamentals held up.
Historical BTC performance
When the index sat between 20 and 39, BTC historically moved an average of +8.0% after 30 days and +22.0% after 90 days.
Current
20
out of 100
Extreme Fear
Gram (formerly Toncoin) is changing hands at $1.21, putting its market capitalization — current price multiplied by circulating supply — at roughly $3.4 billion. A 24-hour gain of 11.5% catches the eye, but zoom out and the picture is far less encouraging: the price is essentially flat over seven days and still down 17.7% over the past month, meaning this short rebound hasn't done much to offset the broader slide. Sentiment tells a similar story. The Fear & Greed Index, which tracks overall mood across the crypto market, has dropped 21 points in a week to land at 29 (Fear) — a sharp swing toward caution. Add in rising interest rates, stubborn inflation, and a strengthening US dollar, and the macro backdrop isn't doing Gram any favors either. On the development side, GitHub activity shows a long, established history, though just six code updates landed in the past four weeks. Taken together — soft medium-term price action, souring sentiment, and a tough economic climate — this coin analysis points to a strained setup overall.
GRAM is changing hands at $1.091, putting its market capitalization (price multiplied by circulating supply) at roughly $3.1 billion. The coin bounced 8.44% in the past 24 hours, but that short-term pop sits awkwardly against a 11.19% drop over the last week and a steeper 28.01% slide over the past month — the broader trend still points down. The Fear & Greed Index reads 32 (Fear territory), down from 34 a week ago, confirming that caution still has the upper hand across crypto markets. Add in higher interest rates, climbing inflation, and a stronger US dollar, and you get a backdrop that's generally unkind to speculative assets like GRAM. On the development side, the project's repository has a long track record, but just six commits over the past four weeks suggests current coding activity has slowed considerably. For anyone looking at a timeframe of weeks to months, this ongoing decline and guarded market mood carry more weight than one good day of price action.
Gram (formerly Toncoin) is changing hands at $1.099 after slipping 1.3% over the past 24 hours, 5.6% over the last week, and a steeper 23.5% across the past month. That kind of sustained monthly slide points to something more entrenched than a one-day dip. The standout factor here is market sentiment: the Fear & Greed Index reads 28 (Fear), down from 30 a week ago, reflecting a crypto market that's grown more cautious and risk-averse. Add rising interest rates and inflation into the mix, and the pressure compounds further. Gram's long development track record offers some reassurance, though only six code updates were logged in the past four weeks — a noticeably quiet stretch. Taken together, this investment research (MiFID II Del. Reg 2017/565 Art. 36) points to a strained, potentially volatile data picture over the coming weeks.
GRAM is changing hands at $1.30 after a 1.81% dip over the last 24 hours, a 4.06% slide across seven days, and a steeper 7.75% drop over the past month — a pattern of weakness that spans multiple timeframes rather than a single bad day. The clearest signal from the broader market comes from the Fear & Greed Index, now at a Neutral 50 after falling from 55 a week ago and retreating sharply from 68 just yesterday. That drop suggests enthusiasm is cooling fast. On the development side, the picture is more encouraging: 89 code changes were logged over the past four weeks, alongside steady progress on resolving issues and merging proposed updates. Still, macro headwinds complicate things — rising US interest rates and climbing inflation tend to weigh on risk-sensitive assets like GRAM. For anyone tracking this coin analysis, the takeaway is mixed: solid development work partially offsets market and macroeconomic pressure, but confidence is capped by the lack of available smart-contract security coverage.
GRAM trades at $1.47 after gaining 8.52% in 24 hours, although it remains down 4.45% over seven days and up 5.97% over 30 days. Market sentiment is the clearest cross-current: the Fear & Greed Index is at 59 (Greed), but its decline from 67 a week ago shows that optimism is cooling. Development remains active, with 23 code updates recorded over four weeks and 1,070 merged code proposals, supporting the view that the project is still being maintained. Against that, rising US interest rates and inflation create a less supportive environment, while the price remains about 82% below its $8.25 all-time high. For investors, constructive development and monthly performance are offset by weaker weekly momentum, cooling sentiment, and macroeconomic pressure.
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$1.12
24h
-7.49%
7d
+1.58%
30d
-17.98%
Max supply isn't known.